Bitcoin price moved sideways on Tuesday as the market pondered the next action plan by the Federal Reserve following the strong jobs numbers on Friday. The BTC/USD price was trading at 23,000 on Tuesday as the US dollar index (DXY) crawled back above $103. Bitcoin’s muted activity Bitcoin’s recent performance has mirrored that of American equities. On Monday, the Dow Jones and the Nasdaq 100 indices continued their sell-off that started on Friday. They then turned positive before the market closed. The most important catalyst for Bitcoin was the tight labor market that gave the Federal Reserve breathing space for ... (full story)